Can i apply for the OA visa extension early and new insurance to avoid a big difference in premium from 60 to 61 years of age. Thanks
Answer summary
The user inquires about the possibility of applying for an OA visa extension early along with new health insurance to mitigate a premium increase from age 60 to 61. Comments suggest applying for an extension 30 to 45 days in advance, consider alternatives to the OA visa to avoid insurance requirements, and note the timing of insurance renewal can affect premium calculations.
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Graeme **********
Just be aware that the insurance company may not base their premiums on the actual date of your birthday but the year you turn a certain age. You birthday may be on say 31 Dec 2023, but if your policy is due for renewal on 01 Jan 2023 then your age on 31 Dec 2023 will be applied to the policy premium and not your current age at the date of 01 Jan 2023 renewal